Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

An investment declaration is a provisional statement submitted by employees at the beginning of the financial year, outlining ...

ITAT Mumbai held that TDS credit duly reflected in Form 26AS cannot be denied just because of some procedural lapse. Accordingly, order is set aside and the present appeal is ...

Refunds may take longer in cases involving high-value claims, as such returns are subjected to additional automated checks ...

Taxpayers who claim substantial tax-saving deductions, often summing up to several lakh rupees, generally find the old tax regime more beneficial, experts say.

The unreal target for revenue mobilisation has made the target numbers provided in the national budget unreliable and less authentic. For several years, ...

FM Nirmala Sitharaman to present her 9th Budget. Focus expected to be on consumption push, income tax relief, MSMEs, defence, ...

As the Union Budget 2026 approaches, attention is shifting from rate cuts to deeper structural reforms in India’s income-tax system. After the 2025 overhaul that made income up to Rs 12 lakh ...

Following RBI's suit, the income tax (I-T) department has now also raised concerns over risks associated with VDAs like ...

The Tribunal ruled that appellate authorities must adjudicate each legal and factual ground raised in appeal. A mere remand to the AO without deciding jurisdictional issues violates statutory ...

LSU football is active in the transfer portal. Here is the latest news on all incoming and outgoing players and other ...

If you’re eager to get started on filing your 2025 tax returns, the majority of online tax filing services and will allow you ...